Finance: Quicke choice for CCLA chief exec

CCLA, one of the largest investment management companies serving the charity sector, has appointed a new chief executive.

Michael Quicke, who joins the company in March, is a former chief executive of Leopold Joseph and served as joint chairman of the FSA's Small Business Practitioner Panel between 1999 and 2004.

He succeeds Andrew Gibbs, who first joined CCLA in 1978 and was managing director from 1999.

James Dawnay, chairman of CCLA, said: "We are delighted that Michael has agreed to join CCLA and are confident that his experience and leadership will be of the greatest value to the company and to the many thousands of investors in our funds."

The firm manages £4.3bn for more than 32,000 charities and 16,500 Church of England establishments.

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